External Ventricular Drain Market Size & Share 2025 - 2034
Market Size by Product, by Application, by End Use & Global Forecast.
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Market Size by Product, by Application, by End Use & Global Forecast.
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Starting at: $2,450
Base Year: 2024
Companies Profiled: 10
Tables & Figures: 119
Countries Covered: 19
Pages: 135
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External Ventricular Drain Market
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External Ventricular Drain Market Size
The global external ventricular drain market size was valued at USD 6.3 billion in 2024 and is expected to exhibit growth at a CAGR of 5.6% from 2025 to 2034 period. Both the increase in the frequency of neurological disorders and the growth in the amount spent on healthcare are contributing to the growth of the market.
External Ventricular Drain Market Key Takeaways
Market Size & Growth
Key Market Drivers
Challenges
As per the Centers for Disease Control and Prevention (CDC), approximately 2.8 million cases of emergency incidents, hospitalizations, and deaths associated with traumatic brain injuries are reported every year in the U.S. alone. As the number of patients with TBI increases, there is also an increase in the necessity for external ventricular drainage. External ventricular drainage is crucial in TBI management because it helps in the alleviation of intracranial pressure (ICP) and also minimizes the risk of getting any neurological disorders.
Healthcare providers anticipate an increase in the number of aneurysms and have initiated plans to boost the supply of medically essential items and enhance healthcare access to people suffering from various disorders. Due to these measures, market growth is accelerated by making contributing factors like external ventricular drain (EVD) and neurosurgical procedures more accessible.
EVD are medical devices, designed for short time use, intended to treat elevated intracranial pressure stemming from abnormal accumulation of cerebrospinal fluid (CSF) in the surgery region of the brain. The EVD systems work in such a way that the catheter is first implanted into the ventricle of the brain via a small incision in the skull during the surgical procedure: This is connected to a chamber out of the head where CSF can flow freely. This is done so that excessive pressure is not applied to the brain.
External Ventricular Drain Market Trends
The increasing number of cases where CSF needs to be drained due to an increase in intracranial pressure, has boosted the EVD Market alongside the introduction of new and better technologies.
External Ventricular Drain Market Analysis
Based on product, the market is classified into external ventricular drain sets and accessories. The external ventricular drain set segment generated the highest revenue of USD 5.6 billion in 2024.
Based on application, the external ventricular drain market is classified into traumatic brain injury, subarachnoid hemorrhage, intracerebral hemorrhage, and other applications. The traumatic brain injury segment accounted for USD 2.3 billion in market revenue in 2024 and is anticipated to grow at a CAGR of 5.8% between 2025 to 2034 period.
Based on end use, the external ventricular drain market is segmented into hospitals, ambulatory surgical centers, and other end users. The hospitals segment dominated the market in 2024 and is anticipated to reach USD 6.7 billion by the end of the forecast period.
U.S. external ventricular drain market accounted for USD 2.7 billion in market revenue in 2024 and is anticipated to grow at a CAGR of 5% between the 2025 to 2034 period.
France external ventricular drain industry is projected to grow remarkably in the coming years.
Japan holds a dominant position in the Asia Pacific external ventricular drain market.
External Ventricular Drain Market Share
The market is characterized by competition with large multinationals B. Braun, Johnson & Johnson, and Medtronic plc who focus on innovation and have a diverse product range, alongside local companies, and newcomers mainly from the Asia-Pacific region who are fast growing. The market is characterized by rapid iterations of technologies such as smart monitoring systems, new catheter materials, and imaging technology integration. Formation of strategic alliances, mergers and acquisitions are a usual practice as companies move to strengthen their market share and technologies.
External Ventricular Drain Market Companies
Prominent players operating in the external ventricular drain industry include:
USPs for top players:
External Ventricular Drain Industry News:
The external ventricular drain market research report includes in-depth coverage of the industry with estimates and forecasts in terms of revenue in USD Million from 2021 – 2034 for the following segments:
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Market, By Product
Market, By Application
Market, By End Use
The above information is provided for the following regions and countries:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →